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627 Carcassonne Rd, Bel Air...

Adam Rosenfeld & Ruiya Feng Sell Bel Air SFR For $36M
SOLDSingle Family Residence

Adam Rosenfeld & Ruiya Feng Sell Bel Air SFR For $36M

627 Carcassonne Rd, Bel Air, Los Angeles, CA, USA

$36,000,000

$1,285/SF

Building Size

28,000 SF

Asset Type

Single Family Residence

Closing

Apr 15, 2021

AI

Located in the prestigious Bel Air market, the single-family residence at 627 Carcanssone Rd recently changed hands in a closed transaction. The property, spanning approximately 28,000 square feet, was sold for a significant amount of $36,000,000, translating to a price per square foot of $1,285. The deal took place on April 16, 2021, with Adam Rosenfeld and Ruiya Feng acting as the brokers representing the parties involved.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $36,000,000
  • Address: 627 Carcanssone Rd
  • Market: Bel Air
  • Brokers: Adam Rosenfeld - Ruiya Feng

Adam Rosenfeld and Ruiya Feng, from their respective agencies, played a pivotal role in facilitating the successful transaction. Their expertise and negotiation skills ensured a smooth deal for the involved parties. With their guidance, the seller and buyer were able to navigate the intricacies of the transaction, ultimately resulting in the sale of this remarkable property.

Players

Adam Rosenfeld

Resident Group

Broker

$105.3M

vol

5 deals

Broker

Los Angeles Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.44%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93